Governance & Reporting

PRA doubles down on financial operational resilience

By Justin Pugsley
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On May 25, the PRA’s executive director for supervisory risk, Duncan Mackinnon, said a “long journey” has started towards achieving a more operationally resilient financial sector. He warned that the PRA expects firms to go beyond compliance. “Operational resilience is not something a small team of experts can achieve. It requires ...

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